Retirement Insights Tag

🚩 When was the last time you evaluated your financial advisor—not your investments, but the actual relationship?

A good advisory relationship should be about more than receiving an investment statement.

Ask yourself:

✔️ Do I understand what I`m paying?
✔️ Do I understand why recommendations are being made?
✔️ Does my advisor know what`s changing in my life?
✔️ Are we discussing more than investments?
✔️ Do I hear from my advisor when there isn`t a crisis?
✔️ Do I feel comfortable asking questions?

And perhaps most importantly:

Do I feel like there`s actually a plan behind my portfolio?

If some of those questions give you pause, it may be worth taking a closer look at the relationship.

Our latest blog discusses some of the warning signs to watch for and questions investors can ask when evaluating their financial advisor.

#FinancialAdvisor #FinancialPlanning #WealthManagement #RetirementPlanning #InvestmentManagement #Fiduciary #FinancialEducation #NovaWealthManagement

A big lump sum can be hard to ignore. But is it the right pension choice for your retirement? 🤔💰

When you`re given a choice between a pension lump sum and monthly lifetime payments, you`re deciding much more than how you receive the money.

You`re also making decisions about:

💵 Lifetime income
❤️ Your surviving spouse
📈 Investment responsibility
📊 Inflation
🧾 Taxes
👨‍👩‍👧‍👦 Your beneficiaries

And once a pension election is made, your ability to change it may be limited.

Don`t evaluate the pension by itself. Evaluate what it needs to do within your retirement plan.

🔗 Read our latest blog at the link in our bio.

#Pension #RetirementPlanning #RetirementIncome #LumpSum #FinancialPlanning #PreRetirement #Retirement #NovaWealthManagement #SouthwestFlorida